Lakshmi Vilas Bank Tiruchengodu Namakkal Tamil Nadu MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Tiruchengodu Namakkal Tamil Nadu

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MICR Code
Bank Lakshmi Vilas Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tiruchengode
Contact 04288 - 254262, 253306
Bank Details Lakshmi Vilas Bank Ltd Tiruchengode LAVB0000726
Location Tiruchengodu, Namakkal
City Tiruchengodu
District Namakkal
State Tamil Nadu
Pincode 637211
Country IN
Address 104, theppakulam street sankari main road, 1st floor tiruchengode - 637 211 namakkal dt.tamil nadu
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 638056015 for Tiruchengode branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 638056015 of LV Bank, Tiruchengode branch makes the system almost error free and faster. Use of LV Bank MICR codes for Tiruchengode branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Lakshmi Vilas Bank Ltd are available with micr code -

>>Thokkavadi >>Tiruchengode

MICR code for Lakshmi Vilas Bank Tiruchengode

Lakshmi Vilas Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. LV Bank MICR code for Tiruchengode is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 638056015 is the MICR code of Lakshmi Vilas Bank for Tiruchengode branch. MICR code for Tiruchengode branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for LV Bank Tiruchengode is presented in the table alongside.

Use of LV Bank MICR code for Tiruchengode branch in tiruchengodu

The MICR code 638056015 is used in RBI cheque clearing process to identify the branch Tiruchengode and LV Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Lakshmi Vilas Bank is typically in either of these two font’s: E-138 and CMC-7.

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